Equity markets managed to continue pull back from lower levels for the second day with recovery coming in the last hour and closed with gains

GIFT Nifty (Earlier SGX Nifty) signals a muted start 

GIFT Nifty on the NSE IX traded lower by 14.50 points, or 0.06 per cent, at 24,435 signaling that Dalal Street was headed for muted start on Wednesday.

US stocks mixed 

The Nasdaq scored a record closing high and the S&P 500 rose on Tuesday, while the Dow fell as investors digested a host of corporate earnings and awaited Google-parent Alphabet's results that came after the market close.

 ◦ Nasdaq up 0.78%,

◦ S&P up 0.16%,

◦ Dow down 0.36%

Asian shares gain 

Asian stocks eked out gains following mixed results from Wall Street tech companies and as traders prepare for next week's US election and Federal Reserve rate decision.

 ◦ S&P 500 futures rose 0.3% as of 9:42 a.m. Tokyo time

◦ Hang Seng futures fell 0.2%

◦ Nikkei 225 futures (OSE) rose 0.7%

◦ Japan's Topix rose 0.5%

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